Can you roll over credit card debt into a house mortgage?
I would like to purchase my first home or townhome, but have roughly speaking 6000 dollars in CC debt, can I tact that onto my mortgage loan? I know they do some creative loans now a days.. of late a thought
Answers:
yes you can, and even claim it on the next years income tax
You could if you owned the home and had the equity available to do it. But for a purchase, they would not know how to roll your credit card debt into the loan. Source(s): I'm a lender.
When you get the mortgage, you can apply for a little extra $$ and payment off the credit cards. That is what my sister did when she bought her first home
I assume you can
Yes you can, as long as the mortgage doesn't exceed more than the value of the home.
You could take a loan on your house to settle the debt.
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Answers:
yes you can, and even claim it on the next years income tax
You could if you owned the home and had the equity available to do it. But for a purchase, they would not know how to roll your credit card debt into the loan. Source(s): I'm a lender.
When you get the mortgage, you can apply for a little extra $$ and payment off the credit cards. That is what my sister did when she bought her first home
I assume you can
Yes you can, as long as the mortgage doesn't exceed more than the value of the home.
You could take a loan on your house to settle the debt.
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